FACTS  AND  FORMULAE  FOR  PERCENTAGE  QUESTIONS

 

 

I.Concept of Percentage : By a certain percent , we mean that many hundredths. Thus x percent means x hundredths, written as x%.

To express x% as a fraction : We have , x% = x/100.

Thus, 20% = 20/100 = 1/5;     

48% = 48/100 = 12/25, etc.

To express a/b as a percent : We have, ab=ab×100% .

 

Thus, 14=14×100%=25%

   

 

II. If the price of a commodity increases by R%, then the reduction in consumption so as not to increase the expenditure is R100+R×100%

If the price of the commodity decreases by R%,then the increase in consumption so as to decrease the expenditure is R100-R×100%

 

 

III. Results on Population : Let the population of the town be P now and suppose it increases at the rate of R% per annum, then :

1. Population after n years = P1+R100n

 

2. Population n years ago =  P1+R100n

 

 

IV. Results on Depreciation : Let the present value of a machine be P. Suppose it depreciates at the rate R% per annum. Then,

1. Value of the machine after n years = P1-R100n

 

2. Value of the machine n years ago = P1-R100n

 

 

V. If A is R% more than B, then B is less than A by

R100+R×100%    

If A is R% less than B , then B is more than A by 

R100-R×100%  

Q:

25% discount is offered on an item. By applying a promo code the customer wins 4% cash back. What is the effective discount?

A) 28 percent B) 29.12 percent
C) 29 percent D) 5 percent
 
Answer & Explanation Answer: A) 28 percent

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Q:

On a certain date, Pakistan has a success rate of 60% against India in all the ODIs played between the two countries. They lost the next 30 ODIs in a row to India and their success rate comes down to 30%. The total number of ODIs played between the two countries is

A) 50 B) 45
C) 60 D) 30
 
Answer & Explanation Answer: C) 60

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Q:

Two numbers are 90% and 75% lesser than a third number. By what % should the first number be increased so that it becomes equal to the second number?

A) 250 B) 200
C) 150 D) 100
 
Answer & Explanation Answer: C) 150

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Q:

The selling price of an article is Rs 816 if the discount on it is 15%. What would be the selling price of the article (in Rs) if the discount on it is 25%?

A) 750 B) 720
C) 800 D) 700
 
Answer & Explanation Answer: B) 720

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Q:

Marked price of an article is Rs 3600 and selling price is Rs 3132. What is the discount percentage?

A) 12% B) 13%
C) 17.21% D) 14.94%
 
Answer & Explanation Answer: B) 13%

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Q:

If Giridhar's salary is 5/3 times of Hariraj's and Shaunak's is 2/3 times of Hariraj's, what is the ratio of Giridhar's salary to Shaunak's.

A) 9:10 B) 10:9
C) 5:2 D) 2:5
 
Answer & Explanation Answer: C) 5:2

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Q:

38% of a number is 133. What is the number?

A) 340 B) 350
C) 360 D) 355
 
Answer & Explanation Answer: B) 350

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Q:

A man sells an article at a profit of 35%. If he had bought it for 15% less price and sold it for Rs. 32 less, then he would have gained 40%. What is the initial cost price (in Rs) of the article?

A) 250 B) 200
C) 300 D) 400
 
Answer & Explanation Answer: B) 200

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